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2025 Mortgage-Free Wannabes

1626365676895

Comments

  • BridgetTheCat
    BridgetTheCat Posts: 233 Forumite
    100 Posts First Anniversary Photogenic Name Dropper
    edited 23 July 2025 at 9:15PM
    Another £7400 into the savings account yesterday. I’m extremely grateful to mum & dad (spending their money to avoid IHT 🤣).

    July total is now £7981.10

    Edit: forgot to add my number #41
  • carboot_karaoke
    carboot_karaoke Posts: 526 Forumite
    500 Posts Second Anniversary Photogenic Name Dropper
    edited 23 July 2025 at 4:55PM
    Afternoon all, #31

    Final July overpayment of £340. 
    Total for July £3,200
    YTD £23,900.

    Many thanks @julicorn
    Current Balance £22,000
    MFW 2026 #31 £1000 / £17,000 OP
    MFIT - T7  

    0%CC May 2027-  £5,000

    0% Loan £600.00  - paid ✅️

    Money made £20 / £365

    Declutter 0 /52 

    Grocery Challenge 2025 £4885.78
    Grocery Challenge 2026 

    The final countdown to June 2026 - Page 4 — MoneySavingExpert Forum


  • Jemma01
    Jemma01 Posts: 516 Forumite
    Fifth Anniversary 100 Posts Photogenic Name Dropper
    edited 25 July 2025 at 7:11AM

    #46 can I please add 5k for July

    Thanks 

    I'm FTB, not an expert, all my comments are from personal experience and not a professional advice.
    Mortgage debt start date = 11/2024 = 175k (5.19% interest rate, 20 year term)
    • Q4/2024 = 139.3k (5.19% -> 4.94%)
    • Q1/2025 = 125.3k (4.94% -> 4.69%)
    • Q2/2025 = 108.9K(4.69% -> 4.44%)
    • Q3/2025 = 92.2k   (4.44% -> 4.19%)
    • Q4/2025 = 44k      (4.19% -> 3.94%)
    • Q1/2026 = 41k      (3.94%)
  • V3cash
    V3cash Posts: 354 Forumite
    Eighth Anniversary 100 Posts Name Dropper Photogenic
    #68 £50 OP for July please 

    MFW May 2026

    £92.80 left to pay from 10% 
    overpayment allowance, (May 26).
    End fix on 2.79% July 27 // MFW AIM May 2026

    Mortgage  free Aim July 2026!
    July 25 £57,000, £56950
    August 25 £56,400
    September £55,850/£55,800
    October £55,195
    November £54,600, £54,562.
    December £54,000
    January 2026 £53,450




  • Jessy103
    Jessy103 Posts: 2,551 Forumite
    Ninth Anniversary 1,000 Posts Mortgage-free Glee! Name Dropper
    Hi, 

    No. 12 with an overpayment of £1987.82 for July.

    Thanks 🙂
    Starting Mortgage Balance (June 2019) £72,000. Mortgage Free November 2025!
  • t4mof
    t4mof Posts: 271 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    #36 with July’s total of £2300. Thanks @julicorn
    CC Debt at LBM Nov 08 - £25000+ DFD Dec 2012
    Second DFD May 2021
    Starting my MFW journey: Opening Balance: £138,000; July 2019: £135107.33; July 2024 £52974.60; July 2025 £11140.23
    2025 MFW #36
  • #5 £220 total for July 2025, another feeling the sting of school holidays.  

    Thank you Julicorn
  • seventh88
    seventh88 Posts: 153 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Hi @julicorn thanks for continuing to record the challenge for us all, it's amazing to see we're nearly half a million in - that's incredible! No 39 here, please could you add £616 for august for me, bringing the total to £3905 for this year I think.
     Debt = £8017/£8017 (100% paid - cleared 26th August 2020) Boiler Fund = £2500/£2500 (100% saved - 26th August 2021)Emergency fund = £5000/£5000 (100% saved - 5th Jan 2025) | MFW Goal 2025: £6429/£3000 | Mortgage  = £88,519/£132,469 (33% paid)

    Goal for 2026:
    1) MFW £472/£3600





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